Centerra Gold announces first pour Kitco NEWS
* This article was originally published here
Friday, January 31, 2020
January 2020 in Figures
The month of January presents another recent example of a time when key dollar pairs against the euro, yen, Swiss franc or sterling hardly moved on balance even as other financial markets underwent big changes. It was a month subjected to big distortions toward the end in the face of China’s rapidly spreading health crisis. […]
* This article was originally published here
* This article was originally published here
Next Week’s Menu: February 1-7, 2020
Central Banks: Monetary policy reviews scheduled in Australia, Poland, Russia, India, Thailand, Iceland, Brazil, Romania, and the Czech Republic. The Reserve Bank of Australia will publish its quarterly Monetary Policy Statement. Masai and Wakatabe of the Bank of Japan, Wilkins of the Bank of Canada, Atlanta Fed President Bostic, and Governor Lowe of the Reserve […]
* This article was originally published here
* This article was originally published here
Another Wave of Coronavirus-Related Risk Aversion to End Month of January
Near to noontime in New York, the DOW, S&P 500 and Canadian TSE indices shows losses of 1.2%, 1.1%, and 0.9% in North American trading. Earlier, stocks fell 1.9% in Indonesia, 1.4% in South Korea, 0.9% in Malaysia, and 0.5% in Hong Kong and India. China’s market continues to stay shut. In Europe, the British […]
* This article was originally published here
* This article was originally published here
Pound Australian Dollar (GBP/AUD) Exchange Rate Jumps as WHO Declares Virus Global Emergency
Pound Sterling Australian Dollar (GBP/AUD) Exchange Rate Rallies as Wuhan Virus Reaches UK
The Pound Sterling Australian Dollar (GBP/AUD) exchange rate jumped by around 0.5%, leaving the pairing trading at around AU$1.9598.
The risk-sensitive Australian Dollar slumped on Friday after fears surrounding the spread of...
* This article was originally published here
* This article was originally published here
Thursday, January 30, 2020
Comment on U.S. GDP Last Quarter
The first estimate of U.S. real GDP growth in the final quarter of 2019 of 2.1% annualized compared to the third-quarter level matches quarterly growth last summer and marks the third straight quarter with growth at or very close to 2.0%. Fourth quarter-over-4Q growth was 2.3%. Calendar 2019 average growth equaled 2.3% as well, lowest […]
* This article was originally published here
* This article was originally published here
Central Bank Rate Cuts in Ukraine and Sri Lanka
The National Bank of Ukraine statement stresses a strengthening currency and inflation that has dropped sharply and is now expected to hover below the 4-6% target band until late this year. The rate was cut 150 basis points to 11.0% today and previously had been reduced by 50 bps each in April, July and September […]
* This article was originally published here
* This article was originally published here
Bank of England Makes No Policy Change
The Bank of England’s policy rate has been 0.75% since a pair of 25-basis point hikes in November 2017 and August 2018. There were no changes made in 2019 or at this week’s first meeting of the Monetary Policy Committee this week. There were dissenting votes, however, but Saunders and Haskel, who have favored a […]
* This article was originally published here
* This article was originally published here
Pound Australian Dollar (GBP/AUD) Exchange Rate Soars as Bank of England Holds Interest
GBP/AUD Exchange Rate BoE Rate Hold Boosts UK Market Confidence
The Pound Australian Dollar (GBP/AUD) exchange rate rose soared by 1% today, with the pairing currently trading around $1.947 after the Bank of England (BoE) held its interest rate decision at 0.75%, with odds of a central bank cutting rates in the next few...
* This article was originally published here
* This article was originally published here
Coronavirus Outbreak Tops Busy List of Developments for Markets to Process
Several central banks held their first policy reviews of 2020. Those in Chile and Great Britain left their interest rate structures unchanged at 1.75% and 0.75%, respectively. The National Bank of Ukraine implemented its sixth rate cut in nine months, a 150-basis point reduction to 11.0%. The Central Bank of Sri Lanka engineered its third […]
* This article was originally published here
* This article was originally published here
GBP to EUR Exchange Rate Jumps as Bank of England (BoE) Avoids Big Dovish Shift
Concerns that the Bank of England (BoE) could suddenly cut UK interest rates today quickly faded after the bank’s policy decision, and the British Pound to Euro (GBP/EUR) exchange rate experienced a rebound in demand. As much of the Pound’s recent weakness was due to speculation of an imminent BoE rate cut, today’s BoE decision was...
* This article was originally published here
* This article was originally published here
Wednesday, January 29, 2020
Subscribe to:
Posts (Atom)